How Does Auto-Staking Work?
The VAP Auto-Stake feature is a simple yet cutting-edge function called Buy-Hold-Earn, that provides the ultimate ease of use for $VERY holders.
Buy-Hold-Earn - By simply buying and holding $VERY token in your wallet, you earn rebase rewards as interest payments directly into your wallet. Your tokens will increase every 5 minutes.
Using a Positive Rebase formula, VIF makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.00817% every 5 minute epoch period of the total amount of $VERY tokens held in your wallet. The rebase rewards are distributed on each EPOCH (5 minute rebase period) to all $VERY holders.
This means that without moving their tokens from their wallet, VERY holders receive an annual compound interest of 486013.66% for Year 1.
The interest rebase rate then reduces after the first 12 months